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entitlement programs like social security and medicare. democrats aren't on board yet. >> my concern about raising that medicare retirement age is there will be gaps in coverage or coverage that's way too expensive for seniors to purchase. >> reporter: and with the fiscal cliff looming, white house economists are warning shoppers concerned about a tax increase pay not spend as much this holiday season. danielle -- nottingham, cbs news. >>> investors are worried the strong start to the holiday shopping season may not last. right now, let's take a look at the dow. it's down nearly 60 points at this hour. >>> something that might help those numbers on wall street, cyber monday. it's expected to be the biggest online shopping day of the year. one data tracking firm predicts online sales will reach a billion and a half dollars today. today. >>> online retailers have made great strides in making it very easy for people to return things. paste-on shipping labels and free shipping, oftentimes free returns and so that has something to do with the increase in online shopping. >> big box stores are
needs and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement plans endorsed by aarp, an organization serving the needs of people 50 and over for generations... and provided by unitedhealthcare insurance company, which has over 30 years of experience behind it. call toda
the fiscal cliff contain no medicare, medicaid, and social security benefit cuts. it puts them at odds with the president who has said everything should be on the table, including entitlements, senate republican leader mitch mcconnell. >> we want to save these programs and i understand the dilemma the president and the majority leader have. their hard left doesn't want to change anything ever. >> reporter: but the top senate democrat harry reid says republicans are the ones dragging their heels. there's been little progress with the republicans, which is a disappointment to me. they've talked some happy talk about doing revenues, but we only have a couple weeks to get something done. >> reporter: republicans point out that medicare and medicaid are the largest future drivers of the debt. they say they won't agree to increased revenue from taxes unless they get entitlement cuts as well. scott, it's safe to say there are going to be people on the right and left howling mad at no matter what this deal looks like. >> pelley: nancy, thank you very much. one idea they're looking at is scalin
nut is going to have to be medicare and medicaid. >> pelley: and jim axelrod with a woman on a mission to recover memories sandy washed away. >> the storm can take our houses and possession bus she left us these photos. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. at the end of the most violent day yet in the battle between israel and the hamas government in gaza, secretary of state hillary clinton arrived in jerusalem to try to broker a cease-fire. but late today things looked frosty between the secretary and israeli prime minister benjamin netanyahu. faces were long and comments were short. she had just flown ten hours, leaving president obama behind on a tour of cambodia throughout this day there were rumors of peace but israel unleashed a ferocious bombardment of gaza from air and sea. the palestinians and gaza fired back. since this started last week, 133 palestinians have been killed in 1,500 israeli air strikes. five israelis have died after more than one thousand rockets rained down from gaza. we have correspondents on b
discussed now. their plan was a mixture of higher taxes, lower spending and the reform of medicare and social security. both men told us sacrifice has to come from everyone. >> all of us have to have some skin in the game to get it done. >> if you want something, pay for it. it's a sick idea, but it is an interesting idea. >> reporter: their biggest idea was to increase revenue by combining both the president's demand for higher taxes on the rich and the republican proposal to get rid of tax loopholes. bowles/simpson would eliminate almost every tax deduction for individuals and corporations, with only a few exceptions for charity donations and home mortgage interests. >> this stuff goes to the wealthiest people in america. 20% of the american people use 80% of that stuff. >> we have $1.1 trillion of loopholes, of back door spending in the tax code. >> reporter: $1.1 trillion? >> annual. and that's what we said: "let's start with a plan that wipes those out." >> reporter: their plan also called for deep spending cuts-- $200 billion a year-- and streamline both the pentagon and the
's coming up next. ,,,,,,,,,, ♪ [ male announcer ] introducing a brand new medicare prescription drug plan. it's called the aarp medicarerx saver plus plan from unitedhealthcare. and it's for people who want the lowest part d premium in the united states... only $15 a month. and copays could be as low as a dollar. so call unitedhealthcare now to enroll or learn more. with this plan, you can save 40% or more on your copays by using a preferred network pharmacy, like walgreens. for example, a network copay of $4 becomes a preferred network copay of $1 when you fill your prescription at any of the 8,000 convenient walgreens locations. so call and enroll today. remember, the premium is just $15 a month. don't wait. open enrollment ends december 7th. aarp medicarerx saver plus. call now or visit your local walgreens for more information. >>> we're going to make one of your dishes that you make together with cute peppers. >> we are using the smaller tri- color peppers because they are sweeter and they cut and look nicer in a dish. so we are sauteeing the peppers with actually whole red peppers.
to entitlement programs like medicare and social security. now taxes are getting all the attention right now but these talks also need to address the federal debt limit. it's set by law at $16.4 trillion. the nation is already approaching the national debt of $16.3 trillion. nobody wants a repeat of that summer standoff we went through last year. >> certainly so. susan mcginness in washington this morning, thank you so much. >>> while washington is worried about the fiscal cliff it appears the average american is looking to spend. the holiday shopping season got started in record fashion thanksgiving night and the spending spree lasted through the weekend. according to the retail research firm big insider, a record of 247 million shoppers visited stores or websites over the four-day weekend, an increase of more than 9%. and they spent more than they ever have before, an estimated $59.1 billion. retailers hope the shopping frenzy continues today, cyber monday. cbs morning watch's ashley morrison is here in new york with that and more, good morning to you. >> good morning to you. americans' ho
? a medicare advantage plan can give you doctor, hospital and prescription drug coverage all in one plan... for nothing more than what you already pay for part b. you'll also have the flexibility to change doctors from a network of providers dedicated to helping you stay healthy. call now to learn more. unitedhealthcare has the information you need so you'll be better prepared when making medicare decisions. maybe you'd just like help paying for your prescriptions. consider a part d prescription drug plan. it may help reduce the cost of your prescription drugs. remember, open enrollment ends friday, december 7th. call unitedhealthcare to learn about medicare plans that may be right for you. call now. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also @0 committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations t
. ,,,,,,,,,,,, ♪ [ male announcer ] introducing a brand new medicare prescription drug plan. it's called the aarp medicarerx saver plus plan from unitedhealthcare. and it's for people who want the lowest part d premium in the united states... only $15 a month. and copays could be as low as a dollar. so call unitedhealthcare now to enroll or learn more. with this plan, you can save 40% or more on your copays by using a preferred network pharmacy, like walgreens. for example, a network copay of $4 becomes a preferred network copay of $1 when you fill your prescription at any of the 8,000 convenient walgreens locations. so call and enroll today. remember, the premium is just $15 a month. don't wait. open enrollment ends december 7th. aarp medicarerx saver plus. call now or visit your local walgreens for more information. >>> if you're feeling a little guilty about the amount of food you've consumed over the past several days, you're not alone. and we have some good news for you. if you stuff yourself for thanksgiving dr. kim says it's okay. apparently it's the latest way to lose weight. >> from sodas to burg
] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends december 7th. so now's the time. visit medicare.gov or call 1-800-medicare. [ male announcer ] the rhythm of life. [ whistle blowing ] where do you hear that beat? campbell's healthy request soup lets you hear it... in your heart. [ basketball bouncing ] heart healthy. great taste. mmm... [ male announcer ] sounds good. it's amazing what soup can do. five days later, i had a massive heart attack. bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. >> glor: it was a horrific crime, a jogger beaten, raped and left for dead in new york central park. five teenagers were tried, convicted and sent to prison. the problem, they weren't guilty
the eligibility age for medicare. >> i want entitlement reforms. republicans put revenue on the table, democrats always promise to cut spending. i'm looking for more revenue for entitlement reform before the end of the year. >> reporter: so far democrats sound lex flexible. >> we've got to make sure there is seamless coverage of afordable health coverage for every american. my concern about raising the retirement age gaps in coverage or coverage that's way too expensive for seniors to purchase. >> reporter: there are many potential cliffs but higher taxes for structural changes for medicaid and medicare may be abong the biggest. bob corker argued for both warning everyone against punting this until next year or accepting phony savings that don't solve or at least address the underlying deficit and structural debt problems. charlie and norah? >> let me add my voice, congratulations you on this day enharnting one of the big jobs in journalism. they're big shoes and i'm looking at those you have to fill. >> you'll be just fine. >> reporter: first day, all righ
announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage save money, or both. and check out the preventive benefits you get after the health care law. ♪ ♪ open enrollment ends december 7th. so now's the time. visit medicare.gov or call 1-800-medicare. ♪ ♪ who's that? turkey's ready. turkey? c'mon! tires don't change themselves! sears auto center black friday doorbusters start 4am friday! get a $100 award card to shop with. plus save on tires. this is sears auto center. >>> this morning general john allen is back in afghanistan resuming his role as the top u.s. commander there. last week the pentagon started to investigate allen's connection to a central figure in the david petraeus scandal. there's a lot of little connections that have brought this whole affair together. eventually led to the cia director resigning. chip reid is here with more information. >> they finally put somebody out there who we thought would give us some
the republican call for tax reform and lower deductions. in medicare and social security bowles and simpson say the nation has no choice but to cut future benefits for those earning high incomes. we spoke to both men in washington. >> right now the president is under pressure not to touch social security and medicare. >> of course. so don't touch it. let's just let the damn thing rock along, grab your shorts you know get ready for the fun. >> let them go broke. >> let them go. >> if we don't touch them if we just take them off the table, you know what's going to happen? you know? we're not going to be able to spend money on whatever else it is you love. >> we asked both bowles and simpson if they were encouraged by at least the tone of compromise coming from congress and the president. >> based on what you see at the white house right now, are you optimistic or not? >> i'm not. no. somehow the word compromise means you're a wimp. how did we ever get to that point in america? >> optimistic or not? >> i'm not optimistic, but i'm hopeful. i think -- and i think al agrees with t
compiled by medicare and other federal reports, and its directions to the hospital came from the taxpayer financed gps satellite system. this marriage of smart phones public information and private ingenuity has helped drive and exploding app economy that has grown in value from search throw to $20 billion in just four years. the man responsible forgiving away what the government knows is the u.s. chief technology officer todd park. >> there is a mass civil growing array of new .. services, products, applications that can help americans take control of their own health and healthcare. >> you don't need a master's degree to use an app. >> to melissa ketterer this handheld information industry came clear on clear in the afternoon with her husband's life in the balance, she had an app for that. >> wyatt andrews, irving, texas. >> reid: it is a big day for anybody with a $2 power jackpot project. >> it has swelled $225 million. >> the chance of winning the big prize, one in $175 million. >> coming up on tonight's cbs evening news, virtual advertising, virtually everywhere you turn. in japan t
: in any deal, republicans insist on big cuts to entitlement programs like medicare and social security. susan mcginnis, cbs washington. >>> today it's stay at home and shop. cbs 5 cate cauguiran in the news room with cyber monday. good morning. >> we can expect cyber monday discounting to be equally competitive. what's new this year, the explosion of shoppers one and four will be using mobile devices to get the best deal. that's nearly double from last year and it trend that's expected to continue. retailers are anticipating about 129 million consumers to show from their offices to today. cyber monday is proving technology is a game changer for the shopping industry. >> online retailers have made great strides in making it very easy for people to return things, paste on shipping labels, free shipping and returns. >> to find the best deals, here are a few tips for savvy shoppers. some are offering deals by the hours. if you have an amazon prime account you can share that with five people. and it's best to use web sites like google products to compare prices. big box stores are fighting
behind closed doors. a democratic senator says his side is willing to discuss reform of medicare and medicaid. >> the math just doesn't work anymore. not because the programs are bad but because thank goodness we're living longer. >> republicans are signalling they're open to compromise but so far, they still oppose the president's idea to raise taxes on the wealthy. instead, republican leaders want to limit tax deductions and loopholes without an agreement. across-the-board tax hikes will take effect on january 1 without an agreement. here's a breakdown of what would happen. for households earning 20 to $40,000, the tax increase would be $1,200. for householder, 40 to $64,000, the tax hike would be $2,000. and with those incomes of $64,000 up to 6 figures, it would be a $3,500 tax increase. >>> it's not all dire economic news. retailers are still looking for workers this holiday season. why that's encouraging news for businesses. >>> and some amazing video from a jewelry store. a toddler leaves justifies before a car crashes in. ,,,,,,,,,,,,,,,, steady improvement in hiring. but
. >> cost savings to health care aregrams like medicare and medicaid. everyry dollar that's ever been secured for anything is sacred. to they'll defend it to the wath, regardless of what it means for jobs or the economy. > a tough white house ally, nglinois senator dick durbin argued against using fiscal cliff pressures to scale back paidare and medicaid benefits. >> these are people that have paid in over a lifetime into protectecurity and medicare and fully expect the protection bech they've invested in to be that'snd it has to be there. republicans anyblicans are demanding in any fiscal cliff deal. o raisew never to raise taxes on the w o entitlement programs now gobbling up more than 60% of annual federal spending. that means the white house to dough if i liberal democrats or >> the p enrage republicans. ted to thesident is very committed to the proposition itht we can deal with these challenges if we come together oach.dopt a balanced approach. >> i may sound glib what i'm about to say but this white house is really serious about an issuewhen it goes to twitter. anew white house
a list of doctors and clinics compiled by medicare and other federal records and its directions to the hospital came from the taxpayer financed gps satellite system. this marriage of smart phones, public information, and private ingenuity has helped drive an exploding app economy that's grown in value from 0 to $20 billion in just four years. the man responsible for giving away what the government knows is the u.s. chief technology officer todd park. >> there is a massively growing array of new services, products, and applications that can help americans take control of their own health and health care. >> you don't need a masters' degree to be able to use a app. >> reporter: to melissa it became clear on the april afternoon with her husband's life in the balance, she had an app for that. wyatt andrews, irving, texas. >> hopefully been able to enjoy the beautiful weather with relatives in town. elizabeth says it's about to change. >> if you have any travel plans and we know people are hitting airports and roads and should be pretty good for tomorrow. we are staying dry. and hope
-triage was the brain child of developers. the app has a list of doctors and clinics compiled by medicare and other federal records. this marriage of smartphones, public information and private ingenuity has helped drive an exploding app economy that's grown in value from zero to $20 billion in just four years. the man responsible for giving away what the government knows is the u.s. chief technology officer todd park. >> this is a massively growing array of new services, products and applications that can help americans take control of their own health and health care. >> you don't need a master's degree to be able to use an app. >> reporter: to melissa, the benefits of this handheld information industry became clear on this afternoon. >> the producers of the "dallas" tv series revival say they'll give j.r. ewing a proper send-off. larry hagman died yesterday. he had filmed several episodes already of season two. it was in the 1980's that he created his legendary character. >> i don't understand why you think she's changed. hey! wait! stop! >> hagman shared few streets with his nasty alter ego. he
to be a part of the solution. >> medicare and social security, they are the two big title waves that are coming at us in terms of the spending. >> reporter: the gop leaders say they will need the democrats to give more in order to cut a deal. >> it is time for the president to present a plan that rises above these wreckless and radical voices on the hard left. >> reporter: the report from the white house economists, they say that the middle class families will see their taxes go up by $2,200 next year, as congress, they do not find a compromise. danielle nottingham, cbs news, washington. >>> well, it is cyber monday mania. today is on track to be a record breaker and the biggest online shopping day ever. retail analysts say so far sales are up more than 24% compared to last year. and of course, there are several more hours left to get your cyber shopping in. across the board holiday sales are off to a great start thanks to a major shift in the retail strategy. on the consumer watch, julie watts explains how everything has changed this holiday shopping season. >> reporter: what a difference a ye
warner is part of the gang and says democrats are willing to put entitlements like medicaid and medicare on the negotiating table. >> the math just doesn't work anymore. not because the programs are bad, but because thank goodness, we're living a lot longer. >> reporter: republicans are also signaling they're more open to compromise. many in the house are distancing themselves from a no-tax increase pledge they signed. they say they'll agree to raising tax revenue by limiting deductions for the wealthy. >> without compromising our principles, we put skin on the game and recognition of the fact that while democrats don't run this town, neither do we. >> reporter: but the two sides remain far apart on the main sticking point. republicans oppose any increase in tax rates for the wealthy. the president refuses to sign any legislation extending the current tax rates to the top 2% of earners. the president's been in negotiations with house speaker john boehner and has said he's willing to put almost anything on the table except social security. he wants to deal with that separately next year,
programs like medicare and medicaid. today the president discusses the issues with leaders of major corporations. he met with small business leaders yesterday. susan mcginnis is in washington. >> reporter: while the two sides remain deadlocked president obama is taking his case to the american people trying to drum up support. republicans are complaining that instead of being out campaigning he needs to sit down with them and work out a deal. it's a short drive up pennsylvania avenue from the capital to the white house but congressional republicans and president obama are getting farther apart in their effort to keep the nation from veering off the so-called fiscal cliff. a series of tax hikes and spending cuts due to kick in at the end of the year. >> seems like our friends on the other side is having difficulty turning off the campaign. >> reporter: the white house says the campaign gives the president support from the american people. >> the election was conclusive in terms of which path a majority of the american people want to take. >> reporter: president obama will try to buil
. fighting to keep medicare and social security strong for generations to come. security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. it's real fruit juice; crisp, sparkling water; and no added sugar. and they come in these really cool cans. you want one? i'll wait a bit. all right. mm. refreshing. ♪ use freedom and get cash back. ♪ack. ♪ five percent at best buy. ♪ wow my definition is high. activate your 5% cash back at chase.com/freedom. ♪ everybody get, everybody get! ♪ i have a cold... i took dayquil, but i still have a runny nose. [ male announcer ] truth is, dayquil doesn't work on runny noses. what? [ male announcer ] it doesn't have an antihistamine. really? [ male announcer ] really. alka-seltzer plus cold and cough fights your worst cold symptoms, plus has a fast acting antihista
ber aso said retirement reform needs to be part of the solution. >> medicare and social security are the two big tidal waves coming at us in terms of the spending. >> reporter: gop leaders say they need democrats to give more in order to cut a deal. >> it is time for the president to present a plan that rises above these reckless and radical voices on the hard left. >> reporter: the report from white house economists say middle class families will see their taxes go up by $2,200 next year if congress does not find a compromise. danielle nottingham, cbs news, washington. >>> investigators preparing to exhume the body of long time palestinian leader yasser arafat. a team of forensic experts arrived in tel aviv to find out what killed him. he died after a supposed sudden illness in 2004. doctors could not determine the cause of death at the time. many palestinians still believe he was poisoned and they blame israel. israel denies any involvement. >>> a vallejo father is arrested after police say he gunned down a teen for fighting with the man's son. 44-year-old randy demar williams
-- you want to have a prescription drug benefits under medicare, that is great, you have to pay for it. you once two wars? you have to pay for them, too. we should understand something about the republican party over the last and years. it has been a big spending party -- it just does not want to pay for any of the spending. reset of traditional conservatism requires that we be reality-based on the fiscal condition of the country and understand that the years of profligacy now require increased revenue. the notion that we have hundreds of members of congress bound by a pledge to grover norquist as opposed to their oath of office to the constitution -- [applause] unsettling. we should understand, there is not symmetry between the parties on this question. there is no grover norquist equivalent in the democratic party on this question. it is encouraging to hear speaker banner and republicans talk about the -- speaker boehner and republicans talk about the need to increase revenues. my personal opinion, which is why i am a republican in part, a 40% federal tax rate at the top rate is an a
of medicare for everyone under 55 years old. our messages stick no carat. we don't have a forward vision of economic growth, how to create it or sustain it that's in the interest of the middle class and we paid a tremendous penalty for that over the course of this election. so the republican party as a demographic problem. it has a message problem. it has a policy problem which and then in the expect cushion of the campaigns it has a technology program. the obama campaign in 2012 was ten light years ahead from a technology perspective being tible identify voters, target voters, turn out voters. and republican party through this defeat is going to need to go through a cycle of invasion to catch up and pass the democrats in our ability to do that over the next couple of years. what i would say lastly is when you look at the republican party today on issues from gay marriage to immigration to education reform, republicans have always thriveed. we have embraced our small government, limited government and the principles of fed raism which have endured and served the country well for over two
is also in the gang and says democrats are willing to put entitlements like medicaid and medicare on the negotiating table. >> the math just doesn't work anymore not because the programs are bad but because thank goodness we're living a lot longer. >> reporter: republicans are also signalling they are more open to compromise. they say they will agree to raising tax revenue by limiting deductions for the wealthy. >> without compromising our principles we recognize that while democrats don't run this town neither do we. >> reporter: but the two sides remain far apart on the main sticking point. republicans oppose any increase in tax rates for the wealthy. the president refuses to sign any legislation extending the current tax rates to the top 2% of earners. the president has been in negotiations with house speaker john boehner and has said he is willing to put almost anything on the table except social security. he wants to deal with that separately next year. but republicans want all entitlements included in talks. they want the president to make
in medicare and social security were cut. it is now time for congress to get back to our vote regularly scheduled programming, and that means jobs. washington has been consumed with the fault and our nation's unemployment problem has been worsening and it is time to move back jobs to the front burner. with this debt reduction package, the debt is now clear for a single-minded focus on jobs in september by removing the threat of default and proving that both parties can come together to get our deficits under control. we have provided certainty in the credit markets. the wrangling over spending should be greatly reduced in coming months. we have a chance to turn away from budget battles and reset the debate. the jobs issue, will have to play second fiddle to the deficit issue anymore, and that is what the american people want. we can put a premium on efforts to create jobs and as democrats, that is our strong suit and are high ground. we welcome this chance to shift the playing field to jobs. >> tomorrow night we will find more from august 2011, news conferences and debates as congress c
january 1st and the quit jumping medicare because they get 30% less i believe the member is the payroll taxes go up which weeks all the people of that have never heard of the sequester. i am having a very difficult time visualizing with what february looks like when the press gets a hold of this and then all of a sudden we also have the debt limit. i just can't see what we are going to do. >> the debt limit is an additional tool to explain to obama that he isn't the king and like henry viii you have to go to the parliament for money. he might want to nationalize monastery's but i don't think he can get as much these days as back then with that approach so he has to go to the parliament, has to go to congress for the resources for the debt ceiling, for all of these things. and look it will dawn on them that this is not to the king or the duke. he is one of the guys in the constitutional government has very limited power. once you get on the phone with other people that have been present in the second terms and ask clinton what he got accomplished in the second term that didn't include as
Search Results 0 to 29 of about 30 (some duplicates have been removed)